Accounts QnA [Resolved]

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Himanshu

This Query has 3 replies

08 June 2015 at 15:24

Revenue recognition

Services have been delivered but invoice has not been sent, can I recognise it as my revenue or revenue recognition is based on invoice sent.

ANKUSH

This Query has 2 replies

08 June 2015 at 12:07

Journal entery

Dear sir
What entry to be pass when i make a payment of interest on tds

Kirti

This Query has 2 replies

07 June 2015 at 22:03

Any changes in accounts for ipcc nov 2015 ?

Any changes in IPCC accounts In nov 2015 ?Please confirm ..

Anonymous

This Query has 4 replies

07 June 2015 at 09:28

Fr and sfm

is reliance complier enough for scoring in fm and sfm in ca final??? Pls reply...

Anonymous

This Query has 1 replies

06 June 2015 at 13:23

Depreciation sch. ii of comp. act 2013

I want to raise a query regarding depreciation calculation in case of assets whose cost & date of purchase is not available with the assessee. Please suggest me a way of dealing with such a situation.

Kunal Solanki

This Query has 4 replies

06 June 2015 at 12:21

Tds on sodexo coupon

Is TDS applicable on SODEXO coupon ?

Deepanshu

This Query has 3 replies

06 June 2015 at 11:31

Drawings

A person sells AC from his shop. He installs one AC in his shop by taking it out from the stock at his shop.What would be the journal entry for it?

Rajesh

This Query has 1 replies

06 June 2015 at 11:10

Dep after useful life

Sir, if an asset whose useful life is over but still usable and sold to another party. Then what is the further procedure for charging dep on the asset for other party? pls clarify.

kami kingrani

This Query has 2 replies

06 June 2015 at 01:45

Tds on freight

Dear sir, we receive a bill from our transporter of amount 157890.00 of dtd 28/05/2015 & same show in our books on same dt & still payment not made to transporter we will pay the bill on 15/06 & now my ? is we have to deduct tds on this or we ignore it because we book expense before the 01/06

Anonymous

This Query has 21 replies

05 June 2015 at 13:44

Development agreement

My client sold development rights to a builder, in consideration of 7% of revenue accrued to builder by selling the flats developed by him. The land in my books is showing as stock in trade. I want to know what will be the accounting treatment with respect to closing stock i.e. how much closing stock of land is to be shown.